|Bid||0.00 x 1000|
|Ask||0.00 x 2200|
|Day's Range||14.88 - 15.67|
|52 Week Range||8.86 - 22.10|
|Beta (5Y Monthly)||1.79|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.28 (1.84%)|
|Ex-Dividend Date||Nov. 23, 2020|
|1y Target Est||17.24|
Tenaris (TS) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Ladies and gentlemen, thank you for standing by, and welcome to the Q3 2020 Tenaris Earnings Conference Call. Thank you, Gigi, and welcome to Tenaris 2020 Third Quarter Results Conference Call. With me on the call today are Paolo Rocca, our Chairman and CEO; Alicia Mondolo, our Chief Financial Officer; Guillermo Vogel, Vice Chairman and member of our Board of Directors; German Cura, Vice Chairman and member of our Board of Directors; Gabriel Podskubka, President of our Eastern Hemisphere Operations; and Luca Zanotti, President of our U.S. operations.
Shares of European steel company Tenaris (NYSE: TS) are up 17% as of 11:45 a.m. EST Thursday after the company reported third-quarter earnings last night. As Tenaris supplies the struggling energy industry, investors were somewhat pleasantly surprised by earnings results, with both sales and earnings coming in ahead of estimates. Tenaris acknowledged the slowdown in the energy industry continues, as global drilling activity declined further in the quarter.